Why Is OLIN CORP (OLN) Stock Up Today?

Olin Corp (OLN) shares rose 7.01% to $17.18, driven by third-quarter earnings results and a confirmed timeline for its merger with Huntsman. The company reported net income of $14.4 million, or $0.13 per diluted share, alongside quarterly adjusted EBITDA of $191.4 million. Management indicated the merger is expected to close in the first quarter of 2027.

What Happened

Olin filed an 8-K disclosing its third-quarter 2026 financial results, which included a net income of $14.4 million. The company also provided a fourth-quarter adjusted EBITDA outlook of $80 million to $100 million. Revenue for the quarter was $1.748 billion, missing the $1.834 billion estimate, while the $0.13 per share earnings figure beat the $0.12 consensus. Truist Securities maintained a Hold rating on the stock but lowered its price target to $15. Additionally, FTSE Russell announced that Olin will be added to the Russell 2000 Index during its December reconstitution.

What The Data Shows

The stock opened at $16.51, a 2.9% gap up from the prior close of $16.05. Intraday trading saw a session low of $15.95 at 9:30 AM ET and a high of $17.24 at 10:10 AM ET. Volume stood at 1.2 million shares, which is 0.3 times the three-month daily average. Fundamentals show a market cap of $1.9 billion with a trailing twelve-month EPS of negative $1.73. The 52-week range is $14.64 to $30.46, and the stock printed a fresh 52-week low on October 30, 2026. Over the last eight sessions, the stock moved up 1.1% from $18.72 to $18.93. Recent congressional disclosures include a buy of $15,001 to $50,000 by Lisa McClain on September 14, 2026, and a sell of $1,001 to $15,000 by Donald J. Trump on June 24, 2026.

What To Watch

Investors will monitor the progress of the Olin and Huntsman merger, which is scheduled to close in the first quarter of 2027. The company also faces a petition from fifteen plaintiffs alleging chlorine exposure.